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Bullboard - Stock Discussion Forum Surge Energy Inc (Alberta) T.SGY

Alternate Symbol(s):  ZPTAF | T.SGY.DB.B

Surge Energy Inc. is a Canada-based oil focused exploration and production (E&P) company. The Company's business consists of the exploration, development and production of oil and gas from properties in Western Canada. It holds focused and operated light and medium gravity crude oil properties in Alberta, Saskatchewan and Manitoba, characterized by large oil in place crude oil reservoirs with... see more

TSX:SGY - Post Discussion

Surge Energy Inc (Alberta) > Ppp that simply did not happen
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Post by soundandfury on Nov 09, 2021 11:40am

Ppp that simply did not happen

According to q3 report their production only increased by net 500 boepd year over year.............in q3 they added 2000 bpd from the astra deal .............so all in all production only grew by 500 bpd.........which means 1500 of the 2000 bpd addition was used to compensate for decline rate
Comment by ppp on Nov 09, 2021 11:42am
Don't forget they replaced production they sold
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